Mizuho Securities USA LLC Buys 572,040 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Mizuho Securities USA LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4,447.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 584,901 shares of the communications equipment provider's stock after purchasing an additional 572,040 shares during the period. Motorola Solutions makes up approximately 0.7% of Mizuho Securities USA LLC's holdings, making the stock its 23rd largest holding. Mizuho Securities USA LLC owned approximately 0.35% of Motorola Solutions worth $262,989,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC purchased a new position in shares of Motorola Solutions in the second quarter worth $25,000. Beacon Capital Management LLC increased its position in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider's stock valued at $26,000 after acquiring an additional 28 shares during the period. LRI Investments LLC boosted its holdings in shares of Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider's stock worth $26,000 after purchasing an additional 61 shares during the period. Crewe Advisors LLC purchased a new position in Motorola Solutions during the 1st quarter valued at about $28,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of Motorola Solutions in the 2nd quarter worth approximately $29,000. Institutional investors own 84.17% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MSI. Barclays raised their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an "overweight" rating in a report on Friday, August 2nd. Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Jefferies Financial Group increased their target price on Motorola Solutions from $460.00 to $510.00 and gave the stock a "buy" rating in a research report on Tuesday, September 3rd. Finally, Evercore ISI lifted their price target on Motorola Solutions from $450.00 to $500.00 and gave the company an "outperform" rating in a research report on Friday, August 30th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $493.43.

Motorola Solutions Stock Performance

Motorola Solutions stock traded down $4.70 during trading on Friday, reaching $489.00. The company had a trading volume of 726,244 shares, compared to its average volume of 669,014. The firm has a market capitalization of $81.72 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 4.15 and a beta of 0.97. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The firm's 50-day simple moving average is $460.37 and its 200 day simple moving average is $414.21. Motorola Solutions, Inc. has a 52 week low of $307.09 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Sell-side analysts forecast that Motorola Solutions, Inc. will post 12.26 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a $1.09 dividend. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions's payout ratio is currently 47.75%.

Motorola Solutions Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.